Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Edgewater Wireless Receives Notice of Allowance of U.S. Patent

V.YFI

(via Thenewswire.ca)

Edgewater Continues to strengthen patent portfolio

Ottawa, Canada / TheNewswire / May 28, 2015, - Edgewater Wireless Systems Inc (YFI; TSX.V), the manufacturer of multi-channel WiFi3(TM) technology for high-density WiFi applications, is pleased to announce today that it has received Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for U.S. patent application on Automatic Gain Control (AGC) For Multichannel / Wideband Communications Systems.

"The team at Edgewater Wireless continues to create innovative new technology to optimize performance and quality of service in wireless networks. " said Duane Anderson, Chairman and Chief Technology Officer of Edgewater Wireless. "The award of this patent further validates our technology leadership and demonstrates why Edgewater Wireless is uniquely positioned to solve the major issues service providers face for delivering WiFi in high density scenarios."

The average user in North America has 2.9 WiFi-enabled devices - smart phones, tablets and laptops - the proliferation of devices has created exponential demand for data and connectivity mainly due to bandwidth intensive data applications like video and voice over WiFi (VoWiFI). Edgewater's multi-channel WiFi3(TM) AP architecture provides the highest possible WiFi system performance in high-density environments such as stadiums, casinos shopping centers and campuses. Edgewater Wireless' new Automatic Gain Control technology ensures when new users connect with their tablet, smart phone or other wireless device to an Edgewater Wireless Access Point that they will automatically be optimized for the highest possible Quality of Service and Performance

"We're increasingly seeing service providers looking to solve the issues of interference, connectivity and QoS that exist in high-density WiFi environments. These issues are starting to dominate the $26.1 Billion WiFi market (http://www.marketsandmarkets.com/PressReleases/global-wi-fi.asp) and Edgewater Wireless is uniquely positioned to address these issues. Where others are static in the advancement of their technology we are building innovative new ways to maximize WiFi performance and QoS". said Andrew Skafel, CEO of Edgewater Wireless. "Beyond the obvious technical advantages we gain with this new patent award, its addition to our patent portfolio instantly creates more value and revenue potential to the licensing side of our business "

Edgewater's WiFi3(TM) powered technology is the best Wi-Fi solution for carriers, service providers and systems integrators to address the growing problems of interference, capacity and critical mass of users which is stretching networks to their breaking point. Edgewater's patented technology solves the high-density problem while also significantly reducing the equipment investment and operating costs for new network deployments.

###

Edgewater Wireless Enquiries:

Matt Massey

T: 613-797-9628

E: mattm@edgewaterwireless.com

www.edgewaterwireless.com

About Edgewater Wireless Systems Inc.:

Edgewater Wireless develops and commercializes leading edge technologies and intellectual property for the communications market. Edgewater Wireless delivers advanced product solutions designed to meet the high-density, high quality of service (QoS) and high-reliability needs of service providers and their customers. Leveraging over twenty (20) patents, Edgewater's WiFi3(TM) is redefining Wi-Fi technology with its wide-band, multi-channel radio and high-capacity Access Point solutions, and delivering next generation Wi-Fi, today.

The best solution for High-Density Wi-Fi networks, Edgewater Wireless WiFi3 powered access point products enable innovative service providers to plan, build and deploy reliable, high-capacity services (like VoWiFI) for high-density wireless data demand in any environment.

Do more with less! Fewer access points delivering high quality service at a lower overall deployment cost make our patented WiFi3 technology the right choice for your next Wi-Fi network.

Explore the evolution of Wi-Fi at www.EdgewaterWireless.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless' actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward looking information, whether as a result of new information, future events or otherwise, except as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Copyright (c) 2015 TheNewswire - All rights reserved.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today